need to edit, it's safer to stay in Protected View. Enable Editing Mr. Donald Duck works as a live entertains for MCM Corporation, a Canadian controlled private corporation. His 2020 annual gross saley was $165,000. Mr. Duck's performances this year have been so cotstanding that his employer awarded him a bones of $50,000. Den has convinced MGM to pay him his bomssy of 2021 Other Informatie A MGM withheld the followings from his 2020 carins: Federal and provincial income taxes Employment insurance premies Canada Pension plan contributions Reimbursement for use of car $49,250 856 2,898 1,800 B. Mr. Duck is provided with a Mercedes Benz that he uses for both for work purposes as well as for personal matters. The Mercedes was purchased three years ago for $94,500 and it is now estimated to have a value of $56,000. Donald drove a total of 20,000 kilometers this year, 12,000 of which we clearly documented as personal usage. The vehicle was only available to Donald for 10 months of the year. Donald always takes a two-macat vacation in his Italian sild therefore does not need the car while he is vacationing in Europe. MGM also pays all the operating costs for the Best which totalled $21,800 this year. Donald has reimbursed his employer $.15 for every personal kilometer driven C. When Donald was hired five years ago, he was granted stock options to buy 5000 shares of the company at a price of $30 per share at that time, the shares were trading at $28 per share. On May 8 of the current year, when the shares were trading at $45 perskare, Mr Duck decided to exercise half of his options. On November 3 when the share dropped to 541 dollarsa share, he sold 1,000 shares D. MGM also provided the following befits to Mr. Duck a A Timex watch for his birthday $200 b. Paid the premium on a group disability policy 1,800 e. A cell phone for Christmas 1,100 d. Paid for Mr. Duke golf membership (He always golf alone) 2.000 e Counaling for to help Mr. Dock with his personal finances 7,000 E. Gives Mr Duck's lavish live style he found him fitrap for cash and seaded money to make ands meet. To help him out, on May 1, 2020, MGM agreed to make him an interest free loan of $250,000. At the time of the low, the market rate of interest was 7%. The prescribed rate of terest during the year follows: Quala | Quarte 2 Quarter 39 F. M. Duck and for the following expenses during the year out of his own pocket: Supplies that he was for his performance $1.600 b Plastic surgery to make him look young 2,500 A cotton to his registered triple $5,000 1 - Calette Donald Duck Employment for tax 2 Will Dounlock allowed to click on Dedot You - need to edit, it's safer to stay in Protected View. Enable Editing Mr. Donald Duck works as a live entertains for MCM Corporation, a Canadian controlled private corporation. His 2020 annual gross saley was $165,000. Mr. Duck's performances this year have been so cotstanding that his employer awarded him a bones of $50,000. Den has convinced MGM to pay him his bomssy of 2021 Other Informatie A MGM withheld the followings from his 2020 carins: Federal and provincial income taxes Employment insurance premies Canada Pension plan contributions Reimbursement for use of car $49,250 856 2,898 1,800 B. Mr. Duck is provided with a Mercedes Benz that he uses for both for work purposes as well as for personal matters. The Mercedes was purchased three years ago for $94,500 and it is now estimated to have a value of $56,000. Donald drove a total of 20,000 kilometers this year, 12,000 of which we clearly documented as personal usage. The vehicle was only available to Donald for 10 months of the year. Donald always takes a two-macat vacation in his Italian sild therefore does not need the car while he is vacationing in Europe. MGM also pays all the operating costs for the Best which totalled $21,800 this year. Donald has reimbursed his employer $.15 for every personal kilometer driven C. When Donald was hired five years ago, he was granted stock options to buy 5000 shares of the company at a price of $30 per share at that time, the shares were trading at $28 per share. On May 8 of the current year, when the shares were trading at $45 perskare, Mr Duck decided to exercise half of his options. On November 3 when the share dropped to 541 dollarsa share, he sold 1,000 shares D. MGM also provided the following befits to Mr. Duck a A Timex watch for his birthday $200 b. Paid the premium on a group disability policy 1,800 e. A cell phone for Christmas 1,100 d. Paid for Mr. Duke golf membership (He always golf alone) 2.000 e Counaling for to help Mr. Dock with his personal finances 7,000 E. Gives Mr Duck's lavish live style he found him fitrap for cash and seaded money to make ands meet. To help him out, on May 1, 2020, MGM agreed to make him an interest free loan of $250,000. At the time of the low, the market rate of interest was 7%. The prescribed rate of terest during the year follows: Quala | Quarte 2 Quarter 39 F. M. Duck and for the following expenses during the year out of his own pocket: Supplies that he was for his performance $1.600 b Plastic surgery to make him look young 2,500 A cotton to his registered triple $5,000 1 - Calette Donald Duck Employment for tax 2 Will Dounlock allowed to click on Dedot You